ISLAMABAD: Iranian Ambassador to Pakistan, Reza Amiri Moghadam has extended his heartfelt congratulations to the government of Pakistan for successfully hosting the 23rd Meeting of Ministers of Trade and Commerce of the Shanghai Cooperation Organization (SCO) member states.
He, in a statement, also expressed deep appreciation for the warm hospitality extended to the delegations.
The ambassador highlighted the significance of the SCO, describing it as the largest regional organization in terms of area and population, encompassing 80% of Eurasia’s landmass and 40% of the world’s population.
He emphasized the organization’s economic weight, noting that it holds 20% of the world’s oil reserves, 44% of global gas reserves, and had a combined GDP of $24.2 trillion in 2023—representing one-quarter of global GDP.
“The SCO is a vital economic and commercial force on the global stage,” Moghadam said, adding that the organization currently has 10 main members, two observer members, and 14 dialogue partners. He expressed optimism that more countries would join the SCO in the near future.
The Iranian envoy stressed the importance of activating the full potential of member countries through cooperation and collective synergy. Focusing on transportation infrastructure and trade corridors, he pointed out that these elements are key to fostering stronger cooperation among member states and beyond.
“We are aware that major powers are currently working to establish corridors that serve their own interests. In this context, it is essential for SCO members to first complete the existing corridors and, in future phases, to work towards creating new ones,” he remarked.
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